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California Energy Commission awards $9.6M to 8 projects on electric vehicles, natural gas and biofuels

Green Car Congress

The statute, amended by Assembly Bill 109 (Núñez, Chapter 313, Statutes of 2008), authorizes the Energy Commission to develop and deploy alternative and renewable fuels and advanced transportation technologies to help achieve the state's climate change policies. The eight projects are: Electric Vehicle manufacturing. $1

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Why Warren Buffett is investing in electric car company BYD - Apr. 13, 2009

Tony Karrer Delicious EVdriven

Revenues, which have grown by about 45% annually during the past five years, reached $4 billion in 2008. He was paid about $265,000 in 2008, and he lives in a BYD-owned apartment complex with other engineers. Each of BYDs business units - batteries, mobile-phone components, and autos - was profitable in 2008, albeit on a small scale.

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